The number of firms making asset-backed contributions (ABCs) to their schemes shot up in 2013, despite The Pensions Regulator (TPR) warning trustees to approach such arrangements with caution.
A survey carried out by KPMG found that 23 ABCs were set up last year with a total value of nearly £2bn while over the preceding five years, 29 structures were put in place. The firm said fears ...
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